Economy Archives - Spain in English

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Spain’s employment hits record 22.3m as summer hiring surges despite slower fall in unemployment

News Desk2nd June 20269th June 2026

2nd June 20269th June 2026973

Spain’s labour market continued to strengthen in May, reaching a new employment record as the summer tourism season gathered pace, although the fall in unemployment...

Home sales in Spain dip amid signs of property market stabilisation

News Desk18th May 202624th May 2026

18th May 202624th May 2026815

Registered home sales in Spain dropped by 2.2% in March compared with the same month in 2025, with 61,295 transactions recorded, largely due to a...

Spain to phase out electricity and gas tax relief from 1 June as inflation eases

News Desk15th May 202619th May 2026

15th May 202619th May 20261826

Spain’s temporary VAT (IVA) reductions on electricity and natural gas will come to an end on 1 June after energy prices eased, meaning households will...

Spain economy weathers Middle East turmoil with steady growth

News Desk30th April 20265th May 2026

30th April 20265th May 20261291

Spain’s economy has shown resilience in the face of disruption caused by the Middle East conflict, recording growth of 0.6% in the first quarter of...

Spain inflation jumps to 3.3% in March as Iran war sends fuel prices higher

News Desk28th March 202631st March 2026

28th March 202631st March 20261840

Spain’s economy is expected to slow in the coming months as a result of the war in the Middle East, although growth is still projected...

Spain’s economy minister Carlos Cuerpo appointed first deputy prime minister in cabinet reshuffle

News Desk27th March 202631st March 2026

27th March 202631st March 20261588

Spanish Prime Minister Pedro Sánchez on Thursday unveiled a cabinet reshuffle that sees Economy Minister Carlos Cuerpo (main image) promoted to deputy prime minister, while...

Confirmed: Spanish economy grew 2.8% in 2025, roughly double eurozone average

News Desk26th March 202631st March 2026

26th March 202631st March 20262431

Spain’s economy grew by 2.8% in 2025, a rate roughly twice that recorded across the eurozone. Figures released on Thursday by the National Statistics Institute...

UK chancellor in Madrid to sign visa waiver with Spain and strengthen post-Brexit ties

News Desk19th March 202626th March 2026

19th March 202626th March 202622370

The United Kingdom and Spain have moved to deepen post-Brexit economic ties, agreeing on plans for a new short-stay work visa waiver and closer recognition...

As fuel prices surge in Spain amid war in Iran, economy minister vows to ‘protect citizens, businesses and workers’

News Desk11th March 202616th March 2026

11th March 202616th March 20262411

Fuel prices at Spanish petrol stations have risen steeply since the outbreak of the Iran war, with diesel costs jumping by more than 20%, according...

Spanish government pledges €23bn for ‘Spain is growing’ fund to help tackle housing crisis

News Desk16th February 202623rd February 2026

16th February 202623rd February 20261912

Spanish Prime Minister Pedro Sánchez on Monday unveiled a new public investment vehicle which he said would generate up to €120 billion and help address...

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